Home Renovation. Sunday , September 16th , 2018 - 15:03:53 PM
Still, you probably want some advance advice about how to budget for your renovation. It is important to consider two main factors that will affect the price tag on your project - soft costs and hard costs. Soft costs include design and budget development, permit fees, and professional fees (i.e. the cost for architecture and interior design). Hard costs are related to the construction phase of your project and will include the cost of labour and materials. In the typical renovation, soft costs account for about 30% of your budget, while hard costs make up the remaining 70%.
There is certainly nothing wrong with trying to get the biggest bang for your buck. Finding a great deal on renovation supplies and materials is one thing, but purchasing the cheapest products you can find is quite another. Prices vary for building materials for a reason. Typically speaking, higher quality materials with better durability are going to be more expensive. So, you always want to make sure you're buying the right tools and materials for the job or you're going to face problems with your renovation in the future.
Home renovations can be time consuming and costly. Nevertheless, whether your home décor has grown tired, or your home is just in desperate need of an upgrade, home renovations can revitalize your living space. Still, when it comes time to renovate, there are many pitfalls along the way. Whether you are a do-it-yourself home renovator or you are hiring a professional, you will want to avoid these common home renovation mistakes.
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